Hopes For Another Tariff Delay Leave Canadian Dollar, Mexican Peso Exposed -- Market Talk

Dow Jones

Mar 03, 2025

1326 GMT - The Canadian dollar and Mexican peso look vulnerable given market optimism of a further delay to U.S. tariffs against Canada and Mexico, ING analyst Francesco Pesole says in a note. U.S. Commerce Secretary Howard Lutnick confirmed Sunday the tariffs would take effect Tuesday after an initial one-month delay, although President Trump would determine whether to implement the planned 25% level. The market is still leaning towards another delay so there appears to be "more downside risks than upside risks" for the Canadian dollar and peso, Pesole says. "We'll be looking for moves above [USD/CAD] 1.460 and [USD/MXN] 21.0 as key indicators of a pessimistic shift in sentiment." USD/CAD falls 0.1% to 1.4433. USD/MXN drops 0.3% to 20.4795. (renae.dyer@wsj.com)

(END) Dow Jones Newswires

March 03, 2025 08:26 ET (13:26 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2516354296"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2516354296\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2516354296?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-03-03 21:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2516354296","market":"fut","top_or_hot":-1,"title":"Hopes For Another Tariff Delay Leave Canadian Dollar, Mexican Peso Exposed -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1326 GMT - The Canadian dollar and Mexican peso look vulnerable given market optimism of a further delay to U.S. tariffs against Canada and Mexico, ING analyst Francesco Pesole says in a note. U.S. Commerce Secretary Howard Lutnick confirmed Sunday the tariffs would take effect Tuesday after an initial one-month delay, although President Trump would determine whether to implement the planned 25% level. The market is still leaning towards another delay so there appears to be \"more downside risks than upside risks\" for the Canadian dollar and peso, Pesole says. \"We'll be looking for moves above [USD/CAD] 1.460 and [USD/MXN] 21.0 as key indicators of a pessimistic shift in sentiment.\" USD/CAD falls 0.1% to 1.4433. USD/MXN drops 0.3% to 20.4795. (renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 03, 2025 08:26 ET (13:26 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hopes For Another Tariff Delay Leave Canadian Dollar, Mexican Peso Exposed -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHopes For Another Tariff Delay Leave Canadian Dollar, Mexican Peso Exposed -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-03 21:26</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1326 GMT - The Canadian dollar and Mexican peso look vulnerable given market optimism of a further delay to U.S. tariffs against Canada and Mexico, ING analyst Francesco Pesole says in a note. U.S. Commerce Secretary Howard Lutnick confirmed Sunday the tariffs would take effect Tuesday after an initial one-month delay, although President Trump would determine whether to implement the planned 25% level. The market is still leaning towards another delay so there appears to be \"more downside risks than upside risks\" for the Canadian dollar and peso, Pesole says. \"We'll be looking for moves above [USD/CAD] 1.460 and [USD/MXN] 21.0 as key indicators of a pessimistic shift in sentiment.\" USD/CAD falls 0.1% to 1.4433. USD/MXN drops 0.3% to 20.4795. (renae.dyer@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 03, 2025 08:26 ET (13:26 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK6096","symbol_name":"消闲用品","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2516354296","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2516354296","pubTimestamp":1741008360,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1326 GMT - The Canadian dollar and Mexican peso look vulnerable given market optimism of a further delay to U.S. tariffs against Canada and Mexico, ING analyst Francesco Pesole says in a note. U.S. Commerce Secretary Howard Lutnick confirmed Sunday the tariffs would take effect Tuesday after an initial one-month delay, although President Trump would determine whether to implement the planned 25% level. The market is still leaning towards another delay so there appears to be \"more downside risks than upside risks\" for the Canadian dollar and peso, Pesole says. \"We'll be looking for moves above [USD/CAD] 1.460 and [USD/MXN] 21.0 as key indicators of a pessimistic shift in sentiment.\" USD/CAD falls 0.1% to 1.4433. USD/MXN drops 0.3% to 20.4795. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK6096":"消闲用品","BK6505":"周期性消费品与消费者服务","N0Z.SI":"联志国际"},"translate_title":"再次推迟关税的希望使加元和墨西哥比索受到影响——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"N0Z.SI":0.73},"content_text":"1326 GMT - The Canadian dollar and Mexican peso look vulnerable given market optimism of a further delay to U.S. tariffs against Canada and Mexico, ING analyst Francesco Pesole says in a note. U.S. Commerce Secretary Howard Lutnick confirmed Sunday the tariffs would take effect Tuesday after an initial one-month delay, although President Trump would determine whether to implement the planned 25% level. The market is still leaning towards another delay so there appears to be \"more downside risks than upside risks\" for the Canadian dollar and peso, Pesole says. \"We'll be looking for moves above [USD/CAD] 1.460 and [USD/MXN] 21.0 as key indicators of a pessimistic shift in sentiment.\" USD/CAD falls 0.1% to 1.4433. USD/MXN drops 0.3% to 20.4795. (renae.dyer@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 03, 2025 08:26 ET (13:26 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}